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Alexander Krueger - 1 Hauck Aufhaeuser - 1 Claus Vistesen - 1 ING Carsten Brzeski - 1 Holger Schmieding - 1 Klaus Wohlrabe - 1 Rachel More - 1 Maria Martinez - 1
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☆ German exports rise unexpectedly in April on China reopening
  + stars: | 2023-06-05 | by ( ) www.reuters.com   time to read: +2 min
BERLIN, June 5 (Reuters) - German exports rose unexpectedly in April, boosted by deliveries to China following its post-pandemic reopening, but analysts warned that the momentum could be short-lived. German exports increased by 1.2% on the previous month, the federal statistics office said. Exports to China were up 10.1%, while exports to the U.S. were up 4.7% and exports to the European Union rose 4.5%, the office said. The foreign trade balance showed a surplus of 18.4 billion euros ($19.68 billion) in April, up from 14.9 billion euros the previous month. "The temporary push in exports to China will fade with time," ING's global head of macro at ING Carsten Brzeski told Reuters.
Persons: Alexander Krueger, Hauck Aufhaeuser, Claus Vistesen, ING Carsten Brzeski, Holger Schmieding, Klaus Wohlrabe, Rachel More, Maria Martinez, Kirsti Knolle, Gareth Jones Organizations: Reuters, European Union, Macroeconomics, ING, Thomson Locations: BERLIN, China, Hauck Aufhaeuser Lampe, U.S, Ifo
☆ Analysis: German coalition bickering stalls policy at home and in Europe
  + stars: | 2023-03-16 | by ( Sarah Marsh Andreas Rinke | Sarah Marsh | Andreas Rinke | ) www.reuters.com   time to read: +6 min
The Greens in particular, but also the SPD, want to invest more in the transition to a low-carbon economy. The FDP on other hand, seeks a return to solid public finances after signing off on hundreds of billions of euros of exceptional expenditure during the pandemic and energy crisis. German coalition disputes are also spilling over into European Union policymaking, sparking irritation among partners. Proportional representation, for example, means coalition governments are the norm, which can slow down decision-making. However singling out just one minister could could result in that minister's party exiting the coalition, he said.
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